Unilever PLC $UL Holdings Increased by True Freedom Investing LLC

True Freedom Investing LLC raised its holdings in Unilever PLC (NYSE:UL) by 12.7% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 89,287 shares of the company’s stock after acquiring an additional 10,093 shares during the period. True Freedom Investing LLC’s holdings in Unilever were worth $5,422,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of UL. Bank of America Corp DE lifted its stake in shares of Unilever by 16.4% in the 1st quarter. Bank of America Corp DE now owns 6,661,426 shares of the company’s stock valued at $379,501,000 after purchasing an additional 937,346 shares during the last quarter. Royal Bank of Canada increased its holdings in Unilever by 13.6% in the 1st quarter. Royal Bank of Canada now owns 3,403,807 shares of the company’s stock valued at $193,915,000 after purchasing an additional 406,610 shares during the last quarter. Lazard Asset Management LLC raised its position in Unilever by 674.2% in the first quarter. Lazard Asset Management LLC now owns 2,794,600 shares of the company’s stock valued at $159,208,000 after purchasing an additional 2,433,625 shares during the period. Hamlin Capital Management LLC raised its position in Unilever by 11.6% in the second quarter. Hamlin Capital Management LLC now owns 2,722,721 shares of the company’s stock valued at $163,690,000 after purchasing an additional 282,076 shares during the period. Finally, Equity Investment Corp lifted its stake in Unilever by 2.4% during the second quarter. Equity Investment Corp now owns 1,996,952 shares of the company’s stock worth $120,057,000 after purchasing an additional 46,801 shares in the last quarter. 9.67% of the stock is owned by hedge funds and other institutional investors.

Unilever Stock Performance

Shares of NYSE:UL opened at $65.32 on Monday. Unilever PLC has a 52 week low of $54.75 and a 52 week high of $74.97. The company has a 50-day moving average price of $63.35 and a 200 day moving average price of $62.62.

Analysts Set New Price Targets

UL has been the subject of a number of research analyst reports. Sanford C. Bernstein restated a “buy” rating on shares of Unilever in a report on Wednesday, September 30th. Jefferies Financial Group reissued an “underperform” rating on shares of Unilever in a research note on Monday, October 12th. Weiss Ratings raised shares of Unilever from a “hold (c-)” rating to a “hold (c)” rating in a research note on Wednesday, September 16th. Barclays restated a “buy” rating on shares of Unilever in a report on Tuesday, July 7th. Finally, JPMorgan Chase & Co. reiterated a “buy” rating on shares of Unilever in a report on Thursday, September 24th. One equities research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, nine have assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, Unilever has an average rating of “Hold” and a consensus target price of $68.37.

Unilever Company Profile

Unilever PLC is a global consumer goods company headquartered in London, England. It develops, markets and sells branded products used in households and personal care, with operations serving consumers across developed and emerging markets worldwide.

The company’s portfolio includes beauty and wellbeing products, personal care items, home care products, and foods and refreshments. Its brands include Dove, Vaseline, Axe, TRESemmé, Cif, OMO, Persil, Knorr, Hellmann’s and Ben & Jerry’s, although product offerings vary by market.

Unilever was formed in 1929 through the merger of British soap maker Lever Brothers and Dutch margarine producer Margarine Unie.